Investment Committee: Iraq will occupy the first rank among the world’s economies in the coming years

Investment Committee: Iraq will occupy the first rank among the world’s economies in the coming years

3/15/2014 0:00

Baghdad, Omar Abdel Latif
predicted the economic and investment commission in the House of Representatives occupation of Iraq first centers of economic power in the world, after the solution recently ranked 130 among Arab and foreign countries.
and occupied Iraq ranked 130 globally in terms of the index of economic power in accordance with the index of general well-being of prosperity annual issued by the Institute “for the Legatum” the British in London, which included 142 countries around the world.
while topped Norway arranging the first ten countries in the index of global prosperity to come after Norway, Switzerland, Canada, Sweden, New Zealand, Denmark, Australia, Finland, the Netherlands, and Luxembourg.
came the United States in eleventh place, while befell Germany with a strong economy ranked 14th globally, followed by Austria and the United Kingdom in the sixth century.
, and this arrangement Iraq remains at the bottom of the list of countries with economies in which secures prosperous year to its citizens.
said committee member Mahma Khalil, a member of the House of Representatives for the coalition of Kurdish blocs that Iraq is one of the countries upon which to build economic powers in the world economy.
said in a statement singled out the “morning” that Iraq where stations promising economic, expected to be Iraq during the next future of the states of polarization great of his political, geographic, and the presence of natural resources and human resources.
hinted Khalil said that Iraq will return to occupy advanced positions in the economy between the countries of the world to the existence of huge potential with the people., the report indicates that the gap remains wide between Iraq and between countries such as Saudi Arabia, which was ranked 21 globally in terms of Index of economic power. and includes classification of measuring a number of criteria to determine the well-being enjoyed by the State, including education, health, economy, safety and security, personal freedom, social capital, development and business management, corporate governance, along with the availability of jobs .
return came Singapore and Hong Kong, the two countries Alasewetan Almottagdmtan in the mattress 18 and 19 respectively, while in South America, Latin was replaced Uruguay first ranked thirtieth globally, followed by Costa Rica, while Russia was ranked 61. On his part, committee member Ibrahim stirrup member of the House of Representatives State of Law coalition expressed regret that the Iraqi economy unilaterally dependent on the proceeds from oil sales. said in a statement singled out the “morning” that Iraq could compete with the rest of the states in the event of its reliance on agriculture and industry as well as oil to diversify its economy, stressing that there are a lot of drawbacks on the economy of the country was a one-sided or non-competitive with other countries.
hinted stirrup to the existence of committees for economic reform can provide insights and suggestions for the advancement of the economy in the country, so it one of the economic powers of excellence in the world.
regard to the Arab countries were the United Arab Emirates in eighth place century, after what has thirteenth place in the index measures the strength of the economy, while followed by Kuwait to be the second Arab and third place thirty globally, Morocco 82 globally, Jordan 88, Tunisia 91, Lebanon 98, Algeria 99, and Egypt’s 108, Syria 122, Iraq 130, and Yemen 135. The report indicates that most people would agree that economic prosperity is not just material wealth, and so they take into account the indicators reflect the happiness and satisfaction of citizens in their daily lives, and their ability to build a better life in the future. assesses Human Capital Index 122 countries make up more than 90 percent of the world’s population by measuring the contributing factors and motivation for the development and distribution of trained manpower and proper and capable. consists index of several criteria are education, health care and the labor force and employment, enabling environment, according to the results of the index, ranked Switzerland ranked first globally in the general index, followed by Finland, and Singapore.

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